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Volunteer vacancies

Debbie Atkins

See below for our current vacancies

Every individual who supports the IFoA, be that as a volunteer (member or non member), or in any other role, works in partnership with the IFoA Executive staff to deliver our strategy and Royal Charter, in line with our values

Subscribe to the RSS feed to be kept up-to-date with the latest vacancies.  To find out how to get involved contact Debbie Atkins, Head of Engagement.

Download our flowchart to see how we recruit our volunteers.

Volunteering categories
Choose categories above and click apply to float vacancies in those categories to the top of the list.

Current Volunteering Opportunities

Subscribe to Institute and Faculty of Actuaries: Current volunteer opportunities.

Providing financial education through the Livery Schools Link, the London-based Worshipful Company of Actuaries has teamed up with Teaching Business Enterprise and Employability in Schools (BEE) to provide financial education to young people. They are currently running schemes in three primary schools in the UK - one in Tower Hamlets in London, one in Dorking in Surrey and one in Radlett in Hertfordshire.

Each scheme comprises six sessions across the Summer term of year five and Autumn term of year six. Four of the sessions are conducted in the classroom at the school with one optional session at the Bank of England. The final session is a Dragon’s Den style event hosted at local offices. Each session lasts up to two hours. Ideally volunteers would be able to attend more than one of these sessions to help to provide some continuity for the children. 
 
If you are a member of the IFoA and live and/or work in or near any of the locations, then please consider volunteering to share your enthusiasm and your knowledge of finance and business with young people in these schools.
 
View an Introduction to the BEE Programme.
 
To find out more about what is involved, the time commitment involved and to register your interest, please contact Andy Whitehouse .

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, Student

"Organisations that employ at least three qualified actuaries are encouraged to appoint a CPD Co-ordinator".  This is an Institute and Faculty of Actuaries (IFoA) recommendation.

CPD Co-ordinators play a key role in effective engagement between organisations who employ our members and the IFoA. Organisations with multiple offices often appoint one per office.  Some of the large organisations appoint one CPD Co-ordinator per practice area, eg a different person for Life and General Insurance in the same organisation.
 
We have created, following peer review, a CPD Co-ordinators Guide, called "The role of the CPD Co-ordinator: Engaging with employers". This guide highlights the principles, benefits and opportunities. 

Download The role of the CPD Co-ordinator: Engaging with employers.

Within the guide you will find:

  • Page 4:  sets out the information CPD Co-ordinators will receive
  • Page 7:  provides opportunities for your organisation to engage
  • Page 11: gives nine examples; how others do it.  In this section nine CPD Co-ordinators share their thoughts.

As CPD Co-ordinator you will also receive the CPD Co-ordinators quarterly newsletter as well as other updates, from time to time.  View the latest CPD Co-ordinators newsletter.

The IFoA maintains a database of all CPD Co-ordinators.  The database is growing and not all organisations are represented as yet.  If you would like to check if your organisation is represented, or to volunteer to act as a CPD Co-ordinator for your organisation, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide a note of the name of your organisation, approximately how many offices your organisation operates around the globe and a note of your ARN, if applicable.  If you are a non member, please provide your full contact details.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support. 

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Would you like to be part of the IFoA Practising Certificates Committee (PCC)?

The current Chair of the PCC, John Jenkins, is seeking to appoint a Fellow to become a volunteer member of the non-Life Panel to consider applications for General Insurance Chief Actuary Practising Certificates both with and without Lloyd's.

What we are seeking

John Jenkins is very keen to hear from any qualified member of the IFoA who would like to discuss this role and find out more about what is involved.  Expressions of interest are encouraged from Fellows with:  

  • an up-to-date knowledge of actuarial work reserved under Solvency II for a Chief Actuary to a non-Life Insurer
  • up to date experience in and knowledge of Lloyd’s and the London market
  • experience of giving or using reserved work advice specific to General Insurance
  • knowledge of the Institute and Faculty of Actuaries’ (IFoA’s) regulatory functions.

It would also be beneficial, although not essential, for you to:

  • hold, or have held, a non-Life practising certificate 
  • have three or more years of work experience, post qualification.

View the Terms of Reference for this committee 

Time commitment

As contributions are mainly carried out by email, the time commitment is approximately, on average, a total of ten hours per month, though maybe more in the latter half of the year.  There are also up to two full PCC review meetings each year, and participation in these meetings will be by video conference call, to ensure location is not a barrier.  
 
Tenure

Three years, reviewed annually.  To provide continuity, it is hoped that members of this committee will be happy to take up a tenure of three years.  However, tenure is reviewable annually, depending on changing circumstances, participation and performance in PCC matters.

How to offer support

If you would like to volunteer to join the PCC non-Life Panel, or request a call with John Jenkins to allow you to find out more, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please can you briefly indicate:

  • your reason(s) for wishing to get involved
  • a note of your relevant experience
  • confirmation that you are a Fellow of the IFoA and a note of when you qualified
  • a note of your ARN.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Regulation

The pool will support IFoA members who cannot identify an ‘Appropriate Person’ from within their own network of colleagues and contacts.  This will support members of the IFoA to comply with their requirements under the CPD Scheme.  

If you are a qualified member of the IFoA, please consider joining this new pool.  By doing so, you will be supporting other members with their reflective practise discussions, as part of the new CPD Scheme.  

The IFoA Appropriate Person Pool, aims to provide IFoA members with access to experienced (qualified) IFoA members around the globe who are willing to have a conversation around learning, development and reflection.  

The service is entirely free and is based on members volunteering to provide this support.

Noted below is an outline of what is required in a reflective practice discussion.

What is involved

The aim is to support the member in determining whether they have carried out meaningful learning through their CPD.  This should entail:

  • facilitating an open discussion on the member’s learning and development
  • assisting the member in reflecting on their learning needs, the outcomes of their CPD activities and whether the outcomes addressed the needs 
  • assisting the member in identifying gaps in their learning
  • making suggestions as to other areas to learn about and other activities to consider following up with the member to provide support, if required. 

Desired skills

To offer support, you need to be a qualified member of the IFoA, with the following:

  • an understanding of what reflection entails
  • the ability to speak openly and to encourage reflection
  • a desire to understand the work the member does, their role, development and the learning outcomes of their CPD. 

All Appropriate Person Pool members will receive training (via webinar) at least once each year.

View Appropriate Person Scope of Role  

Tenure and time commitment 

The time commitment will depend on the number of members you decide to facilitate.  You should expect to allocate approximately three hours per member discussion (encompassing prep time, discussion time and follow up time.)  

For consistency, we hope volunteers will be willing to join the Pool for a period of three years, renewable annually, up to a maximum of six years in total.  However, you can step down at any time.

How to offer support

If you are a qualified member of the IFoA, who is willing to take part, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide the following information:

  • confirmation that you are a qualified member of the IFoA
  • a note of your ARN
  • an indication of which practice area(s) you cover
  • confirmation of how you wish your name, location (City/County) and email address to be displayed in the Appropriate Person Pool in the members’ area of our website.

All offers of support will be progressed as received.

Volunteering provides you with a wide range of opportunities.  As with all rights and opportunities come responsibilities, we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, General insurance, Health and care, Life insurance, Pensions, Regulation, Sustainability, Risk management

Would you like to get involved in sustainability and climate issues?  Would you like to gain experience in a rapidly expanding area of expertise that is critical to a sustainable future?

The social, business and financial worlds are increasingly being affected by sustainability risks, the increased likelihood of future environmental and societal change and the measures taken by governments to try to deal with them.  As long-term risk managers such developments are of crucial interest to actuaries at all stages of their career.  The IFoA Sustainability Board (the Board) works to identify the implications for actuaries, their clients and to help in the development of appropriate responses.  (The Sustainability Board was renamed from the Resource & Environment Board in August 2020.)

How you can get involved

If you would like to become involved, even just in a small way, please volunteer to join the Sustainability Volunteer Group, and become part of an active community working with the IFoA Sustainability Board.  As this is an increasingly important subject for all current and future actuaries, around the globe, the Board encourages all members of the IFoA to volunteer to join this new group.  The Board is keen to receive support from all areas of practice and is particularly keen to support diversity.  It very much welcomes those new to volunteering and particularly those representing more diverse voices.

Benefits to you (and no pre-loaded commitment!)

By volunteering to join the Sustainability Volunteer Group you will enable the Board to swiftly engage with you, and other interested members. On behalf of the Board, the Sustainability Nominations Group will invite you to be part of separate teams that will deliver valuable outputs, in a timely way, throughout the year.  You will also receive regular updates (including the weekly Sustainable Finance Community Update, a Board initiative) to keep you informed and give you a mechanism to share your views.  You will also have the opportunity for personal and professional lifelong learning, which could support your personal CPD objectives. 

Please note:  by volunteering to be part of the Sustainability Volunteer Group there is no obligation on you to undertake any role. 

Sustainability covers a broad range of interests and we are aware that the ability to volunteer can be impacted, from time to time, by personal and professional commitments.  In fact you are positively encouraged to decline an opportunity if, at the time it is offered to you, you do not feel you have the capacity to take it on, or it does not fit with your interests.  From the Board’s point of view, this is a ‘first call’ bank of names that helps the Board to streamline and speed up its recruitment process, while ensuring the process is open and available to all. 

As an example, one of the groups’ first calls to action will be to put together a new Intergenerational Fairness Working Party.  Read more about, and view details of the Sustainability: Intergenerational Fairness Working Party  

Sustainability volunteer group’s code of conduct

Actuaries are required to adhere to The Actuaries Code.  While non-actuaries are not bound by said code, it is expected that members of the Sustainability Volunteer Group (the Group) will behave professionally.  All members of the Group are expected to act honestly and with integrity (Principle 1 of The Actuaries Code) and to show respect for others in the way they conduct themselves (Amplification 1.1).  All conversations within the Group should be regarded as confidential unless indicated otherwise.  While we hope and expect that these discussions will inform your own thinking, it is not permissible to quote from other members of the Group or infer views held by other members of the Group as a result of these discussions.  Everyone should feel able to express opinions freely within the Group without concern that these opinions will be shared outside the Group without their express permission.

How to join the Sustainability Volunteer Group

We want to make this as simple for you as possible, and at the same time we are keen to learn a bit about you and what interests you, as this will ensure we send suitable opportunities your way.

When you volunteer to join this Group: 

  • we will share your details with the Sustainability Nominations Group and Sustainability Board
  • we will also add you to the mailing list to enable you to receive the weekly Sustainable Finance Community Update.  (Please note this mailing list is not held by the IFoA, it is held and maintained by volunteer members of the Sustainability Board) 
  • once appointed, a member of the IFoA Professional Communities team will send you a proforma template asking you to tell us a bit about yourself, your experience, and your interests, and to include a brief bio.  This will help the Sustainability Nominations Group and Sustainability Board to share relevant opportunities with you
  • your email and brief bio will be shared with other relevant committee members, when appointed to a specific role.  

For members of the IFoA

If you are a member of the IFoA and would like to be part of this Group, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide:

  • a note of your ARN and confirmation that you are a current member of the IFoA.  (By providing us with your ARN this will allow us to see your contact details, location, and where you work/study.)  This will be shared with the Sustainability Nominations Group
  • confirmation that you are happy for your details to be shared as described above.  (If you have any concerns please raise these with Debbie.)

For non-members

Non-members with relevant experience will be welcomed into this Group.  If you are a non-member who would like to volunteer in this way, please contact Nick Spencer, the Chair of the Sustainability Board, to discuss your experience and what you feel you could bring to this Group. 

Next steps

All expressions of interest will be progressed as received.

Please read this message from Nick Spencer, Chair of the IFoA Sustainability Board

This is a new way of nimble working for the IFoA, and one which I hope will resonate with members.  

We would be very grateful if you can share as much as possible within the proforma template when it is sent to you.  Please also ensure the contact details and location of work/study on your IFoA record are up to date.  This will help us to ensure we are best able to bring a diverse mix of volunteers together in each group.

Please also tell others about this new group and encourage them to join.”

 

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the above code of conduct. Further details are given within terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP) with their guidance outlined on our ‘what you need to know’ webpages. 

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, General insurance, Health and care, Lay (non-members), Life insurance, Pensions, Sustainability, Risk management, Student
Application closing date: 7 October 2020

A vacancy has arisen for a professional who is a non-member of the IFoA (i.e. a lay member) to join the IFoA’s Audit and Risk Committee.  We are seeking to appoint an individual who:

  • Has strong experience of audit committee work, particularly in a similar environment, 
  • Has a sound understanding of the principles and practices of good corporate governance,
  • Has independence of mind, 
  • Has some knowledge of actuaries and their work, and
  • Is a qualified accountant.  

We would like to encourage our members to highlight this vacancy to any suitably qualified individuals.

View the full details, including how to apply.

Volunteering provides you with a wide range of opportunities.  As with all rights and opportunities come responsibilities, we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Lay (non-members)

If you are a Fellow of the IFoA, with an interest in professional discipline and standards, we encourage you to volunteer to join our pool of Actuary Panel members.  You remain in control of when you get involved; and the IFoA benefits from your experience and understanding of how the Actuaries’ Code is applied in practice and justifies the trust the public places on our actuary members.

The IFoA is currently seeking volunteers to widen the experience on the Actuary Member Panel Pool.  We would welcome applications from IFoA Fellows working in all areas.  Also, given the increasing international membership of the IFoA, we are very keen to appoint Panel Members based outside the UK.

Why get involved 

Allegations about professional misconduct against members are dealt with under the IFoA’s Disciplinary and Capacity for Membership Schemes (“the Scheme”).  The Panel Pool is a group of actuary and lay (non-actuary) members who convene in Disciplinary Panels of three (the Panel) to hear allegations of misconduct that have been investigated under the Scheme.  

This is an excellent IFoA volunteer appointment opportunity allowing you to give back to the profession and to better understand the types of conduct issues that are dealt with under the Scheme, while also enhancing your decision making skills. 

The principal role of the Panel is to consider the merits of each case and reach a decision on the facts and any appropriate and proportionate outcome that is sufficient to meet public interest considerations. 

Our Disciplinary Panels are supported by the IFoA Judicial Committees Secretary and the legal expertise of a Legal Adviser to ensure disciplinary matters are conducted in a fair and transparent manner.  Panel member time commitment depends on the complexities of the case and involves considering case papers in advance of sitting at either a private administrative Adjudication Panel meeting or a public Tribunal hearing.  You will normally be asked to sit on panels dealing with matters relevant to your practising experience.

Training

Each Panel Pool member will receive initial training, provided by the Judicial Committees Secretary.  There is also an on-line training resource and face to face training sessions which can be delivered by webinar or by way of video conference.  This training may count towards relevant CPD.

View the Task and Person Specification for members of the Actuary Panel Pool 

What others say

“Being based in Mauritius for nearly 20 years now, I had written off any idea of volunteering for the IFoA for practical reasons.  However, I was glad to do so a few years ago after being told the IFoA was specifically looking for more volunteers from outside the UK and my experience has been very positive to date.  Sitting on a disciplinary panel chaired by a legal expert has required me to identify with the actuary under investigation and offer my views as an actuary, while learning to appreciate how legal precedents are taken into account before reaching any determination.  It has been an eye-opener for me!”    Bernard Yen FIA

Next steps

If you would like to express interest in becoming an Actuary Panel Member and joining our Disciplinary Panel Pool please contact Debbie Atkins, Head of Engagement. When contacting Debbie please provide the following information:

  • a brief note of your relevant experience, including a note of your location and main practise area(s) 
  • a note of your ARN.

All expressions of interest will be followed up with an initial telephone conversation, where you will have the opportunity to ask questions and find out the next steps.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, General insurance, Health and care, Life insurance, Pensions, Regulation, Sustainability, Risk management

If you are a Fellow of the IFoA, we encourage you to volunteer to join our pool of Investigation Actuaries.  This is not an onerous role; you remain in control of when you get involved; full training is provided; and it not only allows the IFoA to benefit from your experience but also gives you the opportunity to learn more about the application of the Actuaries’ Code in practice.

Details

The Pool of Investigation Actuaries (IA Pool) is a group of volunteer members who assist with the technical aspects of allegations of professional misconduct against members of the IFoA.  The IFoA is currently seeking additional volunteers to be appointed to the IA Pool. 

In particular we would welcome applications from Scheme Actuaries, and from IFoA Fellows working in General and Life Insurance. Also, given the increasing international membership of the IFoA, we are very keen to appoint IAs based outside the UK.

Why get involved 

Allegations about professional misconduct against members are dealt with under the IFoA’s Disciplinary and Capacity for Membership Schemes (The Scheme).  An investigation team is appointed to each allegation.  This comprises an experienced Case Manager and an IA invited from the IA Pool based on their experience, area of specialism and availability. 

The principal role of the IA is to identify and address the actuarial/technical issues within the allegation and provide technical support to the Case Manager.  The time commitment depends on the complexities of the case and whether it is dealt with at the Adjudication stage or goes forward to a full Tribunal hearing.

Training

Each IA will receive initial training, provided by the Case Manager, when an IA is  appointed to their first allegation and there is also general training, every 18 months or so, for all IAs.  This training may count towards relevant CPD.  Such training may be delivered by webinar or by way of video conference.

Detailed role description

View the Task and Person Specification for members of the IA Pool

What others say

Members of the IA Pool have commented that they find this role both interesting and educational. 

In particular they find it valuable to be aware of the types of conduct issues that the Scheme deals with so they can take that awareness back to their day to day work to ensure colleagues can learn from it. 

The existing Chair of the IA Pool is Jacqui Reynolds FFA.  She commented:

The IA role is a very important and necessary role.  Without volunteers the Disciplinary and Capacity for Membership Schemes would be unable to function smoothly as it relies on the technical expertise of the IA in many of its case.  The role is not usually onerous, and there is flexibility in when input is required.  If work capacity issues make it difficult to take on a case at a particular time then it can be scheduled to another IA.  This is great way to give something back to the profession and at the same time to be aware of the type of issues being raised through its disciplinary process.

Next steps

If you would like to express interest in becoming an IA and joining the IA Pool, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide the following information:

  • a brief note of your relevant experience
  • a note of your ARN.

All expressions of interest will be followed up with an initial telephone conversation, when you will have the opportunity to ask questions and find out the next steps.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance, Life insurance

The Data Science Working Party is seeking to appoint enthusiastic volunteers to contribute to the advancement of data science.  In particular the working party encourages members with experience in General Insurance, Health, Life, Pensions, Investments, Resource and Environment or any other areas/wider fields.

The overall objective of the Data Science Working Party is to be a source of Data Science expertise, to champion the use of Data Science techniques in traditional and emerging actuarial fields, and to encourage collaboration and understanding of wider issues in Data Science; with a view to promoting debate, research and member awareness, and to assist the IFoA in reaching the objective of having members of the actuarial profession combine their business skills with a deep understanding of Data Science. 

The working party is divided into five work streams each of which will operate to specific objectives:

  • Education and Lifelong Learning
  • Regulation and Ethics
  • Research
  • Collaboration
  • Membership

View the Task and Person Specification for further information on the work streams

Time commitment

Volunteers are asked to devote one day per month.  This includes participation at meetings which will be by conference call lasting approximately one hour to allow us to widen this opportunity to all members.  Calls will be arranged at a mutually convenient time for all involved. Members will also be asked to progress research and case studies in between meetings.

Next steps

If, having read the information above, you would like to express an interest in volunteering for this working party, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide:

  • brief details of your relevant experience
  • the work stream(s) you are applying for
  • your reason(s) for wishing to get involved
  • a note of your ARN, if you are a member of the IFoA
  • for non members, a brief copy of your CV and full contact details.

All expressions of interest will be considered by the Chair of the Research work stream.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, General insurance, Health and care, Lay (non-members), Life insurance, Pensions, Sustainability, Risk management

The Institute and Faculty of Actuaries (IFoA) is seeking to appoint a newly qualified member to take on the role of Student Representative (Lead of Student Engagement) on the Education Committee.

The IFoA’s Lifelong Learning Board delegates operational matters relating to the admission, education and qualification processes, including syllabus changes, the development of learning materials, and links with universities, to the Education Committee, and oversees the work of that Committee.

Education Committee is responsible for maintaining a modern and effective system of educating potential actuaries and certified actuarial analysts so as to ensure that the supply of qualified actuaries and certified actuarial analysts continues to be of a high standard.

The Student Representative (Lead on Student Engagement) would have particular responsibilities to:

  • Oversee the effective engagement between the IFoA’s educational and lifelong learning services and the student body
  • Chair the UK & Ireland Student Consultative Forums which occur twice a year around 6 weeks after each exam sitting (early June and early November).
  • Promote the relationship between the IFoA and the representative student forums and consider how the process can support the experience of the wider student body in an effective way
  • Champion the views of those studying for IFoA qualifications ensuring that Education Committee is kept up to date with those views. 
  • Considering the key measures of the student experience obtained through student surveys and forums and work with the IFoA to improve and enhance its services

As such, we are seeking expressions of interest from newly qualified members of the IFoA who can demonstrate their understanding/experience in these areas and a genuine interest in education.

View the full details in the Task and Person Specification

How to apply

If you would like to express an interest in this volunteer role, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide details of your relevant skills and experience, confirmation that you can devote the necessary time to this role, and your reason(s) for wishing to take up this appointment. Please also provide a note of your ARN.

All expressions of interest will be considered by the Chair of the Education Committee together with the IFoA’s Head of Quality and Assessment.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Induction Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education, Student

The Institute and Faculty of Actuaries (IFoA) is seeking to appoint an appropriately experienced volunteer for the role of International Representative on the IFoA’s Education Committee.  The successful applicant will be a Fellow or Associate of the IFoA, or a non-member with appropriate experience.

We encourage applications from a diverse range of potential candidates, in terms of, but not exclusively gender, age, disability and ethnicity as well as reflecting the geographical spread and practice areas of our members.

View the full details on the Task and Person Specification

Next steps

If you would like to express an interest in this important volunteer role, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide:

  • details of your relevant skills and experience
  • confirmation that you can devote the necessary time to this role
  • your reason(s) for wishing to take up this appointment, including a summary of your experience in supporting the Education Directorate to date
  • a note of your ARN, if you are a member of the IFoA
  • for non-members, your full contact details and a brief CV.

All expressions of interest will be progressed as received, and considered by the Chair of the Education Committee, Head of Quality and Assessment, Head of Education Partnerships and Lifelong Learning together with the IFoA’s Partnership Manager.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Induction Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.  

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education, Lay (non-members)
Application closing date: 7 October 2020

The Life Research Sub-committee is planning to launch a new member-led working party looking at the Advice Gap in the UK insurance market, including:

  • Consequences of the Retail Distribution Review (RDR) on the cost and affordability of financial advice
  • Emergence of a two-tier market: one for the masses with simple standardised products where the processes and administration can be automated as far as possible with some online servicing; and the other side of the market has aimed towards the high net worth individuals who require complex products to meet their complicated needs. Advice will still be needed and they will be willing to pay for that advice.

The research encompasses life, pension and investment, and should consider collaboration with the Finance and Investment and Pensions practice areas to ensure a consistent approach. The working party should also align and build on existing research, both from within the profession and externally.

This is an opportunity to produce thought leadership that can be used to inform Government, the market and consumer groups. A key objective is to demonstrate how adverse consequences of the advice gap could be mitigated if the ideas and conclusions of the research are followed.

Areas for research could include:

  • The emergence of an advice gap post-RDR
  • Market distribution mechanisms by wealth segment
  • Product choice and complexity in the new environment
  • Adverse consequences of advice gap and two-tier market for consumers and society
  • Potential solutions and mechanisms to mitigate regulatory and market failure

Time commitment

The schedule and timing of meetings will be established at a first meeting, but usually volunteers are asked to participate in a 6-12 meetings per annum (lasting around one –one and a half hours) plus time for preparation and post-meeting research and follow up actions.  There is no requirement to meet in person.  Meetings will be by conference call to allow us to widen this opportunity to all members.  Conference calls will be arranged at a mutually convenient time for all involved.

Next steps

If, having read the information above, you would like to express an interest in volunteering for this working party, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide

  • brief details of your relevant experience
  • your reason(s) for wishing to get involved
  • a note of which role you are interested in,  member or Chair
  • a note of your ARN, if you are a member of the IFoA 
  • for non member, please provide a brief copy of your CV and full contact details.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, Lay (non-members), Life insurance, Pensions, Student

The Institute and Faculty of Actuaries (IFoA) is seeking to appoint an experienced, proactive and innovative volunteer to Chair the Committee for Lifelong Learning in Risk Management.

This sub-committee plays an important and highly active role in shaping the content provided in the profession’s Risk Management CPD events. The tasks involved include: 

  • creating and developing an excellent and varied portfolio of risk management CPD 
  • identifying topics and potential speakers 
  • reviewing members’ feedback. 

View the Task and Person Specification for Chair
View the Terms of Reference for this sub-committee

Time commitment

This would equate to approximately one to one and a half days per month.  The majority of time commitment can be carried out at a time and day that best suits the volunteer but participation is required at five meetings per year which are two hours in length.  Participation can be by conference call / video conference to allow us to widen this opportunity to all members.  There is no requirement to meet in-person at this time. Dates of the meetings are provided well in advance.

Next steps

If, having read the documents above, you would like to express an interest in volunteering for this role, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide:

  • brief details of your relevant experience
  • your reason(s) for wishing to get involved
  • a note of your ARN.

Volunteering provides you with a wide range of opportunities. With all rights and opportunities comes responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP). Please view our ‘what you need to know’ web pages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Risk management

The Pensions Lifelong Learning Sub-committee is looking to appoint new members.  In particular, we are interested in applications from members to help ensure that we cover a varied and appropriate range of topics in our CPD Programme and Annual Pensions Conference.

This sub-committee plays an important and highly active role in shaping the content provided in the Institute and Faculty of Actuaries' (IFoA's) Pensions CPD events and education.  They seek to ensure the events include a good mix of professionalism, current issues, and hot topics.  The tasks involved include:

  • creating and developing an excellent and varied pensions CPD events programme
  • content for Pensions Conference
  • identifying topics and potential speakers for specific events
  • listening to members’ feedback.

View Task and Person Specification

View the Terms of Reference

Skills and experience 

If you are a member of the IFoA, and have an enthusiasm for lifelong learning and planning CPD events, we would like to hear from you.  We are ideally looking for volunteers who have:

  • an awareness of current issues in pensions
  • an ability to come up with ideas and to identify hot topics
  • a willingness to pro-actively help organise and chair one event per year (this includes making contact with the potential speakers and securing their support)
  • a desire to develop CPD online and explore new delivery methods would also be an advantage but is not essential
  • experience of organising training events is also desirable but not essential.

In order to broaden the expertise on the sub-committee, we are particularly interested in hearing from individuals who currently work within the public sector.

Time commitment

The time commitment would be one hour meetings every quarter, from September through to July, plus approximately another hour per month (more when managing a specific event) for follow up emails/calls etc.  Meetings will be by conference call to allow us to widen this opportunity to all members, and do not require members to attend in person.

Calls will be arranged at a mutually convenient time for all involved.  If you live or work near to one of the IFoA offices, you are welcome to make use of our facilities for the call.  Similarly, if more than one member of the working party is based close to each other, you may agree to meet up and dial in together, but there will be no requirement for volunteers to meet in one place.

How to volunteer 

If you would like to volunteer, or find out more, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please give brief details of your relevant experience and your reason for wishing to be involved.  A note of your ARN would also be helpful.

Offers of support will be progressed as received.

Volunteering provides you with a wide range of opportunities. With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Pensions

The Institute and Faculty of Actuaries (IFoA) is seeking to appoint experienced, proactive and innovative volunteers to join the Research Sub-committee of the Pensions Board and help develop the Pensions research programme at the IFoA.  This sub-committee helps shape and drive forward research in the Pensions practice area in line with the IFoA’s policy priority themes for the future.

If, having read these documents, you would like to express an interest in this role, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide:

  • brief details of your relevant skills and experience
  • your reason for wishing to take on this role
  • a note of your ARN.

All expressions of interest will be progressed as received, and will be followed up by the Chair of the sub-committee and a member of the Executive staff.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Pensions
Application closing date: 6 October 2020

Climate change has the potential to change significantly the economic and social landscape in which health and care companies operate, with implications for the work of health and care (H&C) actuaries today.  There are currently few resources available to H&C actuaries, particularly to help them explain how these issues are relevant to their work and associated actuarial advice.

The Health and Care Board and Resource and Environment Board are jointly launching a new short-term (six months) working party to produce a short paper to: 

  • identify climate change issues of relevance to H&C actuaries
  • identify the main implications of these issues for the work of H&C actuaries
  • recommend topics that are most relevant to H&C actuaries where further in-depth research should be carried out which hasn’t been done elsewhere.  For example, topics could include:
    • air quality
    • food and water security
    • temperature change
    • extreme weather
  • to investigate potential gaps in the Life practical guide from an H&C perspective.  Recommend if H&C needs a separate practical guide or does the Life guide cover H&C adequately to support the May 2017 Risk alert.

Time commitment

This is a short term working party and the timing of meetings will be established at a first meeting.  Meetings will be by conference call to allow us to widen this opportunity to all members.  Conference calls will be arranged at a mutually convenient time for all involved.  There will be no requirement for volunteers to meet in one place.

Next steps

If, having read the information above, you would like to express an interest in volunteering for this working party, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide:

  • brief details of your relevant experience
  • your reason(s) for wishing to get involved
  • a note of which role you are interested in, member or Chair
  • a note of your ARN, if you are a member of the IFoA
  • for non-members, a brief copy of your CV and full contact details.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Health and care, Lay (non-members), Life insurance, Sustainability
Application closing date: 30 September 2020

Following a virtual round table event held on 21st May 2020 with mental health experts within and external to the insurance industry, the Health and Care Research Sub-committee are launching a new working party.  In particular, the membership should comprise up to 10 members as follows:

  • multi-disciplinary team including actuaries, underwriters and medical experts
  • people with a strong interest and/or background in Life / Health products
  • a variety of backgrounds including protection, retirement, morbidity and longevity.

The outputs from the round table event suggested the working party focus on the following key areas:

  • how to be more transparent in pricing and underwriting
  • understanding the relevance of underwriting questions and how they are linked to assessing the actuarial risks.  This should involve looking at what typically is included in the ‘standard price’ vs ‘extra rated loading’, in other words, what is the balance between pooling risk and making bespoke pricing decision
  • understanding how some firms help people return to work post mental health sickness leave and how firms help prevent mental health issues, especially in a workplace that they provide group IP to
  • understanding correlations with mental health conditions and other conditions / issues such as financial distress and certain professions / regions / ages / sexes.  Could you use more accessible pieces of data to inform the insurer of the actuarial risk based on these other risk factors?
  • understanding of what mental health is and how it impacts mortality and morbidity.  This could be considered in two groups:
    • where mental health leads to physical ailments
    • where physical health leads to mental health issues (e.g. life events, death of a partner). 

Other topics that emerged from the round table discussion may also be considered by the working party, including:

  • understanding of mental health in the context of biopsychosocial model and societal perceptions 
  • consider hierarchy of needs when looking at which solutions to offer: 
    • short term income protection could be a better fit rather than a lump sum benefit to provide the appropriate cover and incentives to return to work which would be a better outcome for mental wellbeing
    • should GIP be more widely used to broaden the range of people who can be covered for mental health conditions
  • use of technology could also increase accessibility e.g. considering COVID-19, we are seeing more online medical solutions
  • how to enable more people with mental health conditions to be protected e.g. Flood Re for mental health where Government and insurers work jointly to protect more people at an affordable price
  • impacts from the pandemic, e.g. changes to working environment, possible prolonged recession, growing inequality - how can insurers better respond with tailored mental health solutions in the medium to long term.

Time commitment

Meetings will be held once a month via conference call / video conferencing to allow us to widen this opportunity to all members.  Meetings will be arranged at a mutually convenient time for all involved.  There will be no requirement for volunteers to meet in one place.

Next steps

If, having read the information above, you would like to express an interest in volunteering for this working party, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide:

  • brief details of your relevant experience
  • your reason(s) for wishing to get involved
  • a note of which role you are interested in, member or Chair
  • a note of your ARN, if you are a member of the IFoA
  • for non-members, a brief copy of your CV and full contact details.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our 'what you need to know' webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Health and care, Lay (non-members), Life insurance

The Institute and Faculty of Actuaries’ (IFoA’s) Finance and Investment Research Sub-committee are looking for additional members to join this cross practice working party.  Lay members (i.e. non IFoA members) are also welcome to join. 

Background:

There have previously been two successful IFoA working parties exploring the development of the private credit market covered under the Life Insurance and Finance and Investment Boards.

  • observations of industry practice, designed to provoke ideas for best practice amongst insurers
  • an ‘encyclopaedia’ of private credit, considering a number of different asset classes and their application to insurers and pension schemes.

View the Finance and Investment working party webpage.

Investment in private credit continues to increase across the insurance market and within pension schemes.  The working party is expected to pick up where these working parties left off and fill in some of the gaps.

Objectives:

  • review current literature, particularly focusing on the analysis already performed by the previous working parties, to ensure that the gaps suggested in this Terms of Reference are appropriate and to ensure that current research into the gaps is taken into account
  • analyse gaps in current research and agree areas of research to be taken forward
  • respond to consultation papers from regulators and from government bodies.  Whilst we expect to liaise most closely with UK and European bodies, it may be helpful to consult or consider guidance from other regulators (e.g. BMA)
  • provoke thought leadership and innovation within the industry through presentations and forums to gain wider input.

Time commitment:

Volunteers will usually be asked to participate in a monthly meeting (lasting around one –one and a half hours) plus one to two hours for preparation and post-meeting work . 

There will be no requirement for volunteers to meet in one place.  Meetings will be by conference call to allow us to widen this opportunity to all members.  Conference calls will be arranged at a mutually convenient time for all involved.

How to get involved:

If you would like to express an interest in joining this working party please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide:

  • brief details of your relevant experience
  • your reason(s) for wishing to be involved
  • a note of your ARN, if you are a member of the IFoA
  • for non-members, your contact details and a brief CV.

All expressions of interest will be followed up by a member(s) of the Finance and Investment Research Sub-committee and relevant IFoA Executive staff, and considered as received.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, Lay (non-members), Life insurance, Pensions

The Institute and Faculty of Actuaries’ (IFoA’s) Finance & Investment Research Sub-committee are seeking expressions of interest from individuals wishing to join this cross practice working party.

Background

There have been a number of high profile incidents where mutual funds for institutional and retail investors have not been able to meet redemption requests with funds being gated to protect the interests of the overall investors. One recent example is an investment manager who invested in hard-to-sell assets and promised investors daily liquidity on three of his flagship funds. Poor performance was met with a significant increase in redemption requests, which meant the flagship funds had to gate in order to protect the interests of the remaining investors. Last year another investment manager encountered a similar problem and had to gate a number of its flagship daily liquid funds.

In an era of very low interest rates, many funds that promise to pay daily liquidity have built up. Many of these funds contain hard to sell assets. If markets start going down some investors will redeem their holdings putting pressure on these products.

This working party will examine the current regulatory environment, for institutional and retail funds promising daily liquidity and any changes being proposed.  The working party will also draw parallels to the insurance industry; in particular unit linked funds that promise daily liquidity. The working party will offer ideas on how mutual fund investments can better protect investors from the possibility of not being able to sell their holdings.

Objectives:

  • to list the fund structures of most relevance 
  • to determine current regulatory rules and new changes being proposed for the most widely used daily liquid funds for retail and institutional investors; to offer ideas on how to better protect liquidity 
  • to draw parallels with the insurance industry and compare guidelines and restrictions for unit fund investments that promise daily liquidity
  • to determine the trade-off between holding cash (lower expected return) and avoid gating too frequently
  • to consider alternative structures for example semi closed funds
  • to consider better communication around illiquidity risks; in particular for retail investors
  • to publish papers/presentations covering any findings from above and working party’s recommendations
  • to present findings and results at IFoA and industry conferences.

Applicants should have experience in asset management and preferably experience with illiquid investments, and/or work for a regulator dealing with these issues.

Time commitment

The time commitment will be equivalent to approximately one day per month.  This is made up of participation in monthly meetings and follow up actions between meetings.  Meetings will be by conference call to allow us to widen this opportunity to all members.  Conference calls will be arranged at a mutually convenient time for all involved.  There is no requirement to meet in person at this time.

How to get involved

If you would like to express an interest in joining this working party please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide:

  • brief details of your relevant experience
  • your reason(s) for wishing to be involved
  • a note of your ARN, if you are a member of the IFoA
  • for non-members, your contact details and a brief CV.

Applications will be processed as received.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 
 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, Lay (non-members)
Application closing date: 14 October 2020

The General Insurance Practice area is establishing a new working party, to collate, resource, consider issues and resolve uncertainties regarding the use of Public Data for General Insurance.

The aims for the working party will be to: 

  • understand the use of public data by general insurance companies and research actuaries 
  • prevent duplication of effort in sourcing public data
  • embed best practice in the industry, and
  • ensure actuaries have the resources to more easily create value for their companies and wider society.

Initial outputs expected (within 1 year) include:

  1. A list of links to useful public data sources and how to access
  2. A data dictionary with facts about the data fields from those data sources
  3. A paper bringing together the above 

Time commitment
Meetings and time commitment will be agreed by volunteers upon joining the working party, but generally, working parties hold monthly meetings and require volunteers to commit around 2-3 hours per month.

Meetings will be held by conference call /video conferencing to allow us to widen this opportunity to all members.  There will be no requirement for volunteers to meet in one place. 

Next steps
If, having read the information above, you would like to express an interest in volunteering for this working party, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide

  • brief details of your relevant experience
  • your reason(s) for wishing to get involved
  • a note of your ARN, if you are a member of the IFoA
  • for non members, a brief copy of your CV and full contact details.

After the closing date, all expressions of interest will be considered by a small selection committee.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members), Student

The General Insurance Practice area is establishing a new working party, to consider issues and resolve uncertainties regarding the implementation of the new Ogden Discount Rate and further changes to the rate in future.

The aims of the Ogden Discount Rate Working Party will be focused on three key work streams:

  1. consider issues and methodologies actuaries may need to allow for in respect of the core actuarial disciplines: this will include reserving, pricing, capital and reinsurance. This is likely to be principles based
  2. consider and understand the uncertainties and sensitivities associated with the assumptions underpinning the methodology used to advise on the setting of the discount rate
  3. establish a framework for estimating a forward looking view of the Ogden Discount Rate.

Each work stream will give allowance to the following:

  • consideration of the implementation of dual/multiple rates
  • consideration of the discount rate in England & Wales as well as Scotland.
  • transparent reporting. The working party will report on findings and is not intended to influence the future setting of the personal injury discount rate
  • implications for UK personal injury lines of business across both personal lines and London Market (re)insurers 
  • overlap with other linked working parties such as PPO, AWP and any other UK injury working party and consideration of whether messaging should be consistent  
  • intention to present at GIRO 2021.

Time commitment

Meetings and time commitment will be discussed and agreed by members of the working party, but generally, working parties hold monthly meetings and require volunteers to commit around two to three hours per month.

Meetings will be held by conference call to allow us to widen this opportunity to all members but if you live or work near to one of the IFoA offices, you are welcome to make use of our facilities for the call. Similarly, if more than one member of the working party is based close to each other, you may agree to meet up and dial in together, but there will be no requirement for volunteers to meet in one place.

How to get involved

If you would like to express an interest in joining this working party, please contact Debbie Atkins, Head of Engagement. When contacting Debbie please provide:

  • brief details of your relevant experience
  • your reasons for wishing to be involved
  • a note of your ARN, if you are a member
  • if you are a non-member, your full contact details and a brief CV.

All expressions of interest will be progressed as received, and considered by a small selection committee.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.
 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members)

The overarching objective of the Flood Working Party is to be a source of knowledge and expertise within the Institute and Faculty of Actuaries (IFoA) on matters relating to flood.  The working party’s research has a strong UK focus.

The working party is seeking additional members, and would welcome applicants from IFoA members, or non-members, with the following: 

  • experience of actively contributing to a working party
  • skilled in leading discussions and driving research objectives
  • extensive knowledge of the topic
  • a strong network of contacts within the industry.

If you have a passion for the subject and the time to contribute we would like to hear from you.  In particular, an awareness of customer interaction with insurance and of public policy or capital and reserving expertise are sought, as this working party is comprised of a broad mix of skills.

Further details of the Flood Working Party can be found on the IFoA website.

Time commitment

Members will be asked to commit three to five hours per month for active involvement in this working party, including a monthly meeting, which is by conference call to allow wider participation.  There will be no requirement for volunteers to meet in one place.

Volunteers are also asked, where possible, to contribute to presentations.  This is by mutual convenience with no requirement to attend any specific conference.  There are opportunities in various locations in the UK, as well as in London.

How to get involved

If you would like to volunteer to be considered as a member of this working party, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide the following information:

  • a note of your relevant experience and interest in the topic
  • your reasons for wishing to get involved
  • a note of your ARN, if you are a member of the IFoA
  • if you are a non-members, please provide your full contact details (including postal address, email and a phone number) and a copy of your CV.

All offers of support will be progressed as received, and reviewed by a selection committee.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members)
Application closing date: 14 October 2020

The Developing your Reserving Team Working Party is currently seeking to appoint additional members to broaden the range of knowledge and experience within the working party.  The objective of the working party is to find the best practises for reserving team structures, capabilities, responsibilities and processes with the aim to make Reserving teams a better place to work, and a better value for the companies. 

The working party are looking for volunteers to impart their experience and advice regarding next steps and ideas, as well as reviewing current research to ensure that the direction is aligned with what is considered to be beneficial for the industry.

Applications are welcome from both members of the Institute and Faculty of Actuaries (IFoA) and non-members with the following:

  • 15 or more years of experience of working in the industry, preferably in a reserving team
  • extensive knowledge of the reserving processes, teams and insurance team structure
  • experience of either planning or conducting a reserving or actuarial function transformation for General Insurance companies.

Time commitment

The successful volunteers will typically be expected to commit two days per month.  This includes participation at working party meetings and reviewing the work produced.  Meetings are held via conference call / video conferencing to allow us to widen this opportunity to all members.  There is no requirement to meet in person at this time.

If you have a passion for the subject and the time to contribute we would like to hear from you.

Next steps

If, having read the information above, you would like to express an interest in volunteering for this working party, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide:

  • brief details of your relevant experience
  • your reason(s) for wishing to get involved
  • a note of your ARN, if you are a member of the IFoA
  • for non-members, a brief copy of your CV and full contact details.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members)

Seeking additional volunteers for this working party.

The Chair of the UK Asbestos Working Party, Robert Brooks, is seeking to recruit additional members to assist in the production of a new insurance market estimate.

The UK Asbestos Working Party was re-established in 2008 with objectives to assist actuaries in reserving for asbestos-related liabilities.  In January 2010, it released its estimates of the future cost of UK asbestos-related claims to the insurance industry.  Since the 2009 insurance market estimate, the working party has been monitoring the experience of asbestos-related claims and mesothelioma deaths.  It has now decided that its insurance market estimate should be updated to take into account the last five years of experience.

Volunteers with experience of asbestos reserving are encouraged to get involved.  Applications are welcome from both members of the Institute and Faculty of Actuaries (IFoA) and non-members.

Time commitment

It is estimated that members of the working party will be asked to devote time equivalent to two days per month to the research, developing models and writing up findings for this working party.  Included in this, volunteers will be expected to participate in the monthly or quarterly meetings (depending on the reporting cycle of the working party). Participation can be by conference call.

If you live or work near to one of the IFoA offices, you are welcome to make use of our facilities for the call. Similarly, if more than one member of the working party is based close to each other, you may agree to meet up and dial in together, but there will be no requirement for volunteers to meet in one place.

How to get involved

We are particularly keen to hear from anyone involved in GI reserving with a passion for qualitative reserve risk.  If you would like to offer your support and volunteer to be considered for this working party, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide the following information:

  • your relevant experience and interest in the topic
  • your reasons for wishing to get involved
  • any suggestions you may have
  • your ARN, if you are a member of the IFoA
  • if you are a non-members, your full contact details, including postal address, email and a phone number.

All expressions of interest will be progressed as received.

Volunteering provides you with a wide range of opportunities.  As with all rights and opportunities come responsibilities, we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members), Student

Would you like to volunteer to Chair the Measuring Uncertainty Qualitatively Working Party?  We are particularly keen to hear from anyone involved in GI reserving and global colleagues, with a passion for qualitative reserve risk and leadership skills.  

Background

The Measuring Uncertainty Qualitatively (MUQ) Working Party is developing reserve uncertainty thinking beyond percentiles and bootstrap style techniques. 

The 2014 GIROC survey highlighted the wide differences in approaches to measuring and communicating uncertainty in reserves that were employed in the UK and identified this as an area that would benefit from further research.  The working party is progressing through the fourth stage of meeting their objectives: developing material around their reserve uncertainty framework to broaden thinking on reserve risk assessments provided for capital models.  Our focus is on the reserving side.

The working party will soon need a new Chair to lead the group’s research and communication of results. The opportunity is open to both members of the IFoA and non-members.  In particular, we are keen to hear from those practicing in general insurance with reserving experience, ideally with some experience of leading a working party or similar endeavor before, although this is not necessary.  The successful volunteer will influence the working party’s output and lead the future direction of travel.

MUQ are currently researching how their established Reserve Uncertainty Framework could be used with scenario analysis, individual claims reserving and bootstrapping for reserve-risk  assessment, as well as other topical issues such as IFRS 17.  The working party has submitted a proposal to present at GIRO and produces a range of outputs. 

Time commitment

As volunteer Chair, you will be asked to devote three to six hours per month to lead the working party. This includes chairing a monthly meeting, which is by conference call to allow wide participation.  It will also include representing the working party by participating at any subsequent sub-committee meetings, where necessary.

If you live or work near to one of the IFoA offices, you are welcome to make use of our facilities for the call. Similarly, if you are based close to another member of the working party, you may agree to meet up and dial in together, but there will be no requirement for volunteers to meet in one place. 

Volunteers are also asked, where possible, to contribute to presentations.  This is by mutual convenience with no requirement to attend any specific conference and there are opportunities in various locations in the UK, with many of the presentations being in London.

How to get involved

If you would like to volunteer to be considered as Chair of this working party, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide the following information:

  • your relevant experience and interest in the topic
  • your reasons for wishing to get involved
  • your ARN, if you are a member of the IFoA
  • if you are a non-members, please provide your full contact details (including postal address, email and a phone number) and a copy of your CV.

All offers of support will be progressed as received.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members)

The Institute and Faculty of Actuaries' (IFoA’s) Third Party Working Party investigate emerging claim trends in third party motor insurance.

Objectives:

  • work in conjunction with the Periodical Payment Orders (PPO) Working Party to ensure that key messages of interest to the industry, consumers, the press or government bodies are appropriately aired
  • collect additional data from within the UK market or from other sources as the working party sees fit
  • maintain appropriate standards with respect to competition law – in particular no individual company actuary will see any data other than aggregate market data and there will be no discussion around pricing related matters
  • all data processing is being hosted and anonymized by Willis Towers Watson.

View full details and recent press releases

Membership of the working party

The working party aims to include a representative from each organisation that handles UK based General Insurance (GI) third party data.  While this is an individual volunteer appointment, the individual volunteers appointed to this working party are appointed to represent their organisation. 

Time commitment and participation

The timecommitment is approximately one day per month, made up of attendance at a monthly meeting by conference call lasting approximately one and a half hours, with follow up research and actions between meetings.

How to get involved

If you work for an organisation that handles UK based third party data and your organisation is not currently represented in this group, we would like to hear from you.  Please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide the following information:

  • your name and the name of your organisation
  • brief details of the type of UK based third party data your company handles
  • your reasons for wishing to get involved
  • what you feel you could bring to this working party
  • your ARN, if you are a memebr of the IFoA
  • if you are a non-members who meet the above criteria, full contact details including postal address, email and a phone number.

All expressions of interest will be considered by the Chair of the working party.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: General insurance, Lay (non-members)

We are seeking a replacement volunteers to join the UK and Ireland Student Consultative Forum, as a representative for the following regions:

  • Yorkshire Actuarial Society  

Background

The Institute and Faculty of Actuaries’ (IFoA’s) Student Consultative Forum was formed over 15 years ago.  Its function is to give our student members a communication channel to feedback to the Education Executive staff on aspects of the student examination qualification exam systems and experience throughout the year.  This original Student Consultative Forum focuses on members based in the UK and Ireland.  New Global Student Forums have also been formed for our international members. 

The membership of the forum comprises of:

  • representatives from the IFoA’s Education Committee
  • a member of the IFoA’s Executive staff
  • regional community student representatives from within the UK
  • a representative from ActEd
  • The Actuary magazine student page editor
  • Chair and Deputy Chair of the IFoA’s Board of Examiners (Ex Officio). 

By working together members of the forum engage in a two-way, open and transparent communication process, in its representation of students. The UK and Ireland SCF meets twice a year after each exam sitting, normally taking place in June and November via video conference. 

View the Task and Person Specification for this role

How to get involved

Individuals who are interested in the student representative role for the Yorkshire Actuarial Society (YAS) should ideally be a member of that society and work within the wider Yorkshire area. 

Please contact Debbie Atkins, Head of Engagement, to register your interest.  When contacting Debbie please provide the following:

  • brief details of your reason(s) for wishing to become involved
  • a note of your relevant experience
  • a note of your ARN.

All expressions of interest will be considered as received by a committee member of YAS in conjunction with the Quality Manager of the IFoA.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Student

Students – we need your passion and ideas!

Student volunteers are one of our most valuable assets.  We are currently seeking enthusiastic and committed students from our global community who are ready to get involved to help shape the exam experience for future students.  As regional representatives, you will work with us and other forum members on future decisions or considerations in regards to exam process, structures, administration and other key aspects of the student experience.

Being a regional representative for us is one of the most impactful ways to contribute to your profession and make positive change.  We have six global forums to ensure that you can have your say, no matter where you are located.

The areas where we are currently seeking regional representatives to help us are:

  • Africa and the Middle East
  • The Americas
  • East Asia 
  • Europe (excluding the UK, Channel Islands and Ireland)*
  • South-East Asia (Including Australia and New Zealand) 

*Students from the UK, Channel Islands and Ireland are represented by the Student Consultative Forum.

Depending on the availability and interest levels, we are prepared to establish other forums.  Please contact the Quality Team to discuss this further.

In order to be an area representative you MUST:

  • be a student member of the Institute and Faculty of Actuaries (IFoA)
  • be available in the month after the exams (May/June and October/November) when the forums will take place
  • be able to attend virtual meetings, using either phone conferencing or other digital collaborative platforms.  Face-to-face meetings may also be considered
  • have access to a computer and intranet as this role will require conducting student consultations during the period directly after exams.

This opportunity is open to all IFoA students; however, representatives will only be able to apply to represent the forum in their geographical location of work.  Please contact the Quality Team if you are not sure which forum you should join.

Please note: The IFoA is at liberty to reshape the forum at any time as needed.

View the Task and Person Specification for this role

How to apply

If you would like to be considered as a Global Student Representative please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please provide:

•    brief details of your relevant skills and experience to undertake this role
•    a note of your ARN
•    a note of which global region you wish to apply for.

All expressions of interest will be progressed as received and considered by a selection panel.  The selection will be based on the information you provide to Debbie.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Student

The Quality Team at the IFoA actively seeks individuals to support the examination process.  We have a number of roles that may interest individuals who wish to support the IFoA.

For further information please view the Educational opportunities (paid) webpage.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education

For all members of the Institute and Faculty of Actuaries (IFoA) – volunteer to join the IFoA’s 400 Club and have an effective voice in shaping the future of your profession.

No matter where you are based around the globe, we encourage all members of the IFoA to volunteer to join the IFoA’s 400 Club, our online feedback group.  

Members of the 400 Club have said:

  • “I have enjoyed being a part of the 400 Club, and it has definitely opened my eyes to lots that goes on at the IFoA that I was previously unaware of, so thank you.”
  • “The 400 Club allows me to feel engaged with the IFoA.  I have a two-way connection with my professional body, and can give something back as well as keeping up to date with developments.”

Read what other members have said about volunteering for the 400 Club

To volunteer for the 400 Club you must be a member of the IFoA. 

The 400 Club helps inform Directors, Council and Management Board and is a hugely valuable source of information and feedback for the IFoA.  

Being a volunteer member of the 400 Club is not an onerous task.  You will be asked to complete up to six online surveys each year and by doing so you will help us to track progress against our strategic objectives and future plans.

View the Task and Person Specification

How to volunteer and get involved

Please contact Debbie Atkins, Head of Engagement.  When contacting Debbie please confirm you are a member of the IFoA and provide a note of your ARN.  All expressions of interest will be progressed as received.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Student

We are seeking to hear from qualified IFoA members willing to take part in this service.

The Institute and Faculty of Actuaries (IFoA) Buddy System aims to provide IFoA members with access to experienced (qualified) IFoA members who are willing to share their thoughts and experiences, and have a conversation, with other members, around the globe.

We are looking for qualified actuaries who would be willing to volunteer to take part and who would like to volunteer to share some of their experience to help other members of the profession.  Our buddy system offers the opportunity for members to get in touch with other members if they are looking for an independent person to talk to about career choices, professional, or other issues. 

The service is entirely free and is based on members volunteering to provide this support.

Fellow, Matthew Pearlman said: 
“Some of the most rewarding moments of my career have come from being able to help someone else move forward in their own personal journey as an actuary. I am therefore very pleased that the IFoA is setting up a new buddy system and I would encourage you to take part in this, not only to help more junior members of the profession, but also to help in your own personal development.”  

This new service will complement existing IFoA initiatives, such as:

View the details, to find out more  

If you are a qualified member of the IFoA, who is willing to take part, please contact Debbie Atkins, Head of Engagement. When contacting Debbie please provide the following information:

  • confirmation that you are a qualified member of the IFoA
  • a note of your ARN
  • an indication of which practice area(s) you cover
  • confirmation of how you wish your name, location (City/County) and your email address to be displayed in the list of Buddies in the members’ area of our website.

All offers of support will be progressed as received.

Volunteering provides you with a wide range of opportunities.  As with all rights and opportunities come responsibilities, we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Finance and investment, General insurance, Health and care, Life insurance, Pensions, Sustainability, Risk management

Inspire the next generation of actuaries

Are you passionate about reaching the next generation of actuaries?  If so, we’d like to hear from you.  The Institute and Faculty of Actuaries (IFoA) is looking for members at all levels, to promote the actuarial career to bright young people.

As a career ambassador, you will raise the profile of the actuarial profession in schools, universities and within your local community through a range of talks and careers fairs.  You will also have the opportunity to reach a diverse range of students through a number of different digital activities such as case studies, blogs and much more.  If you have existing links with local schools or universities that are not currently covered by existing events, you are encouraged to pro-actively set-up your own events and opportunities.  We will provide you with the relevant resources you need to promote the profession, including brochures and presentations.

As part of this role, you will need to easily explain what an actuary is to those who may never have heard about the profession before.  You should also be comfortable talking about your route into the profession and your day-to-day role to those who may be considering becoming an Actuary.  You will need to be confident, engaging and have a good understanding of the role of the IFoA.

View the IFoA’s Career Ambassador booklet to find out more about becoming a Career Ambassador.

Currently, we are particularly interested in applicants based in the following areas:

  • Thailand
  • UK based ambassadors outside of London.

Due to the number of applications currently under review, we are not seeking any further applicants from India at this time.

If you meet the above criteria and would like to volunteer, please contact Debbie Atkins, Head of Engagement.  When contacting Debbie, please provide the following information:

  • a note of your ARN number 
  • whether you are a qualified member or a student currently in employment
  • a note of your location.

All expressions of interest will be progressed as received and if there is any additional information that we require, we will get in touch with you.

Volunteering provides you with a wide range of opportunities. With all rights and opportunities comes responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP). Please view our ‘what you need to know’ web pages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education, Student

If you would like to volunteer to deliver a talk at a Regional Communities event, please contact Debbie Atkins, Head of Engagement.

When contacting Debbie, please provide brief details of the topic and content of your proposed talk and a note of the geographical location(s) which might be of interest to you.  A note of your ARN, if applicable, would also be helpful.

View full details of our current regional actuarial activities.

In addition, details of how to recommend a speaker, or to volunteer to be considered as a speaker, at one of the future IFoA events or residential conferences, can be found here.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities, and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.  

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Lay (non-members)

At the Institute and Faculty of Actuaries (IFoA) we pride ourselves on working collaboratively with organisations that employ our student members.  It is vital that we get your feedback and work with you to support your (and our) students, so make sure you have a volunteer Student Employer Contact (SEC) registered with us.

How does this benefit you?  Having an SEC:

  • gives you direct communication with our Engagement and Learning Directorate
  • will ensure you are one of the first to receive important information and updates about any changes which may effect your students
  • allows your organisations’ voice to be heard and for your organisation to have your say about a hot topic (such as the Education Strategy Review)
  • provides you with support to ensure students in your organisation are supported.

An SEC does not need to be a qualified actuary but they do need to be someone who is willing to play a proactive role in two-way communication between the IFoA and the employer.

As this role involves supporting students, it is not possible for a current student to become an SEC.

If your organisation employs IFoA student members we encourage you to appoint an SEC.  If you would like to volunteer to take on this role, or to check if someone in your organisation has already volunteered, please contact Debbie Atkins, Head of Engagement.  Debbie will put you in contact with Kirstie Smith, Senior Stakeholder Relationship Manager at the IFoA.  Kirstie supports all SECs.  When contacting Debbie it would be helpful if you could please provide a note of the following:

  • your organisation’s name and location(s)
  • an approximate number of IFoA student members currently in your organisation 
  • a note of your ARN, if you are a member of the IFoA
  • if you are not a member of the IFoA, please provide your full contact details plus a note of your role within your organisation.

All expressions of interest will be followed up as received.

Volunteering provides you with a wide range of opportunities.  With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s Governance Manual and Volunteer Information Pack (VIP).  Please view our ‘what you need to know’ webpages before offering to provide support.

 

Contact Details

If you have enquiries about volunteering please contact Debbie Atkins, Head of Engagement:

debbie.atkins@actuaries.org.uk

Debbie will respond to your email within three working days and often sooner.

Categories: Education
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